Latest Tweets
Tweets by Macro_At_Hart-
Recent Posts
Tag Archives: Credit
PIMCO’s Galactic Fallacy about the Role of Credit
Bill Gross argues that credit is losing its power and suffers from entropy, destined to a fatal supernova end. But pay heed to the power of compound interest and the fact that correlation does not establish causation and it is clear that PIMCO’s analysis … Continue reading